Loofre, a restaurant table reservation platform, is investing $1 million in expansion and increasing its tie-ups across India to bolster operations. Loofre.com has already expanded to nine major cities across India with tie-ups with more than 800 restaurants in the short span of three months. Loofre also plans to go international, expanding its services to cities like Dubai, HongKong and Singapore.

Loofre’s investment of over a $1 million will be through internal accruals. It has plans of further investments if the operations increase further. Rohit Mahajan, managing director of Loofre said, “We are delighted to share that Loofre is now on a major expansion mode. Even though our target is India but we are not restricted to any geographical location and also looking towards expanding our services either organically or inorganically to countries like UAE, HongKong & Singapore.”

http://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/loofre-invests-1-million-to-strengthen-operations-in-india/articleshow/50901355.cms

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